According to the European Union quoted the European Union News Agency, on the 7th local time, EU officials and the United States will conduct a new round of trade consultations. Under the pressure of the United States may increase car tariffs, the European Union announced that Europe has increased the purchase of U.S. soybeans. Become the EU's first soybean supplier. The EU's move is intended to avoid a trade war between Europe and the United States.
According to reports, trade representatives from the United States, the European Union and Japan will conduct trilateral trade negotiations in Washington on the 9th. According to news released by the European Union, EU Trade Affairs Executive Committee Cecilia Malmstrom will discuss unfair trade and other issues on behalf of the EU and the United States and Japan.
It is expected that EU Trade Representative Malmstrom will meet with US Trade Representative Robert Wright Hezer as soon as possible on the 8th to hold a new round of European and American trade negotiations and focus on how to make the two economies more open.
U.S. President Trump and European Commission President Juncker met in July 2018. The EU agreed to buy more US soybeans and LNG, after which the two sides reached an agreement to suspend the trade war.
However, the US side is very opinionated on the EU opening process. US Ambassador to the EU Gordon Sunderland recently stated that as long as the EU leaders adopt procrastination tactics, the US will use more means to adjust trade relations to achieve freedom and fairness. .
The key US investigation report on whether automobile imports endanger national security is expected to be released in mid-February 2019. US Secretary of Commerce Wilbur Ross said that all options for automobile tariffs are possible and will eventually be handed over to President Trang General decision.
Under the circumstances of the Trump administration not giving up the increase of import tariffs on European cars, the new round of trade negotiations between Europe and the United States has attracted much attention. The European Union stated on January 7 that since it agreed to purchase more US soybeans, the total amount of soybeans imported from the US from July to December 2018 has exceeded 5 million metric tons, an increase of 112% over the same period in 2017 Brazil has become the EU's first source of soybean imports.
Authoritative sources said that the European Union's offering of the "soybean brand" will still dilute the trade differences between Europe and the United States.
